Simple and neat solutions are alluring but often wrong. A case in point is President Trump’s proposal to adopt a most favored nation (MFN) policy. The MFN sets Medicaid’s price for a drug at the ...

Holding large amounts of Bitcoin doesn’t automatically mean controlling price or supply. ETFs change how Bitcoin trades, not whether it can be sold. When high-conviction holders begin distributing, ...

“We support efforts to lower the price of medicines and improve patient access, but these efforts must be grounded in market-based principles that respect free enterprise and foster future medical ...

Mr. Mahoney is an economist and Mr. Ramamurti is a former deputy director of the National Economic Council. Democrats dominated the Nov. 4 elections, but the other big winner was price controls. In ...